OPERATING AGREEMENT
1/27/2025
2nd edit 1/27/2025
Appointment of Ross Steven Davis as C.E.O
Sole discretion to edit at any time by C.E.O.
OPERATING AGREEMENT OF
GREEN NFC L.L.C. AND POSSIBLE FUTURE PARTNERS/EMPLOYEES
This Operating Agreement (the "Agreement") is entered into as of [1/27/2025], by and between GREEN NFC L.L.C. (the "Company") and Ross Steven Davis (PARTNER/MEMBER).
ARTICLE I: FORMATION OF THE COMPANY
1.1 Name
The name of the limited liability company was formed as GREEN NFC L.L.C.
1.2 Formation
The Company was organized as a limited liability company under the laws of the State of [IOWA] by filing the Articles of Organization with the Secretary of State on or around [1/27/2025]
1.3 Principal Office
The principal home/office of the Company shall be located at [215 2nd Street SW Mason city, IA], or such other locations as determined by the registered agent.
1.4 Purpose
The purpose of the Company is to engage in any lawful business activity for which a limited liability company may be organized under the laws of the State of [IOWA] to do.
ARTICLE II: MANAGEMENT
2.1 Management Structure
The Company shall be managed solely by Ross Steven Davis, who shall act as the Chief Executive Officer (C.E.O) or Member/partner.
2.2 Authority of the Member
Ross Steven Davis shall have full authority to manage the business and affairs of the Company, including but not limited to:
- Entering into contracts.
- Managing finances.
- Making operational and strategic decisions.
- Guiding group think
- Movement of assets
- Transition/transmission of information
- Managing members
- Managing users
- Managing partners
2.3 Group Think Adjustments
For decisions affecting the Company’s forward trajectory: (e.g., expansion, pivots, new product lines, possible changes in goals and drawbacks), the Member/partner shall solicit feedback from a group of trusted advisors, users, partners ("Group Think"). While the C.E.O. retains ultimate decision-making authority. This collaborative approach shall guide strategic planning.
ARTICLE III: CAPITAL CONTRIBUTIONS
3.1 Initial Contributions
The C.E.O. has contributed
- Assets or Intellectual Property: [ design of logos, sample product, typefonts, web design, QR CODES, trade secrets, and added hours of R&D ].
- A loan of $200 from a private investor to be paid back as soon as possible.
3.2 Additional Contributions
Additional contributions may be made at the discretion of the C.E.O.
ARTICLE IV: PROFITS AND LOSSES
4.1 Allocation
All profits will be split by the state of [IA] and The C.E.O. through either e-filing or paper filing of taxes and fees.
4.2 Distributions
Distributions of cash, crypto, or other assets shall be made to the Sole Member at such times and in such amounts as determined by the partners and the state of [IA]
ARTICLE V: RECORDS AND REPORTS
5.1 Books and Records
The Company shall maintain complete and accurate books and records of its business affairs, which shall be kept at the principal office of the Company.
5.2 Annual Reports
The C.E.O. shall ensure that all required reports are filed with the appropriate government authorities in a timely manner.
ARTICLE VI: INDEMNIFICATION
The Company shall indemnify ROSS STEVEN DAVIS or Ross Steven Davis against any and all claims, losses, liabilities, and or expenses incurred in the performance of his duties, or the member's duties, and partners duties to the fullest extent permitted by the law of (USA)
ARTICLE VII: DISSOLUTION
7.1 Events of Dissolution
The Company shall dissolve upon the occurrence of any of the following:
- Decision of the Member (C.E.O.) in writing (paper) notarized by Ross Steven Davis
- Death of the sole member(Ross Steven Davis)
- C.e.o's duty by the law of (IA)
7.2 Winding Up
Upon dissolution, the Company shall update the public, wind up its affairs, distribute assets to it's sole member, pay its debts, and update the public formally for a final time.
ARTICLE VIII: AMENDMENTS
This Agreement may be amended at any time by the C.E.O.
ARTICLE IX: MISCELLANEOUS PROVISIONS
9.1 Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [IA].
9.2 Severability
If any provision of this Agreement is determined to be invalid or unenforceable by the C.E.O. or partners, the c.e.o. will contact group think and attorneys to seperate and successfully recontribute ideas to try it's best at servicing all parties involved as they agree upon a final decision.
IN WITNESS WHEREOF, the parties have executed this Operating Agreement as of the date first written above.
SOLE MEMBER:
Ross Steven Davis
Member/Partner
C.E.O.
GREEN NFC L.L.C.
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© Copyright 2025 Ross Steven Davis
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